LSV Asset Management Has $8.76 Million Stock Holdings in Honda Motor Co., Ltd. (NYSE:HMC)

LSV Asset Management decreased its position in Honda Motor Co., Ltd. (NYSE:HMC) by 1.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 306,680 shares of the company’s stock after selling 3,300 shares during the period. LSV Asset Management’s holdings in Honda Motor were worth $8,756,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Asset Planning Inc bought a new position in Honda Motor in the fourth quarter worth $25,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of Honda Motor in the 4th quarter valued at $26,000. R Squared Ltd bought a new position in shares of Honda Motor during the 4th quarter worth about $30,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Honda Motor during the 3rd quarter valued at about $36,000. Finally, Manchester Capital Management LLC bought a new stake in Honda Motor in the fourth quarter valued at about $40,000. Institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Up 3.8 %

HMC opened at $27.62 on Monday. The firm has a market cap of $43.11 billion, a price-to-earnings ratio of 6.42 and a beta of 0.57. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.38. The firm’s 50-day simple moving average is $28.06 and its 200-day simple moving average is $28.28. Honda Motor Co., Ltd. has a twelve month low of $23.41 and a twelve month high of $36.52.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Thursday, February 13th. The company reported $1.31 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.37. The company had revenue of $36.31 billion during the quarter, compared to analyst estimates of $35.31 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. Equities research analysts anticipate that Honda Motor Co., Ltd. will post 3.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on HMC. UBS Group upgraded shares of Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th. StockNews.com raised Honda Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th.

About Honda Motor

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.